Helping Families Make Informed Decisions About Their Future
The rate of divorce among adults over 50 has skyrocketed over the last twenty-five years, rising by 109%, according to the Pew Research Center. Whether it is due to increased financial independence for women or longer, healthier lives due to better healthcare, it...
When going through a divorce and dealing with property division, one of the most difficult things to deal with can be the marital residence. How this asset is handled varies from couple to couple. Some couples choose to sell it and split the net proceeds.Others choose...
In our last post, we began a discussion about maintaining health insurance coverage after divorce. Many people don't realize that you can directly address medical coverage and cost issues in a separation agreement or other divorce settlement document. Doing so is a...
There are many details that need to be worked out in a divorce. So many, in fact, that some are commonly overlooked. One example of this would be health insurance coverage. In many families, both spouses and the children are covered under one health insurance plan -...
When a couple gets married or otherwise decides to build a life together, it is common practice to commingle finances. This often leads to each spouse/partner knowing the couple's full financial situation.However, it is also not uncommon for spouses/partners to keep...
Trust can be one of the first things to leave a broken marriage. This can be especially true in cases involving infidelity -- financial, emotional or otherwise. If trust is lacking in your case, then one concern you may have is the attempt to hide assets.Parties may...
People can do and say a lot of things during a divorce that they might later regret. But hopefully, these regrets are short-lived and incidental.Unfortunately, this may not be the case for people who make hasty or ill-advised decisions regarding their divorce...
Your home is likely the largest asset you have. It can also hold immense emotional and sentimental value. As such, the marital home is often one of the most complex pieces of property parties must address in a divorce.Before you make any decisions about keeping or...
Throughout a marriage, the majority of the assets and debts either spouse accumulates typically belong to both parties. These assets and debts are usually considered to be marital property, and it is the property spouses will divide if the marriage ends in...
During a divorce, people are dealing with a lot of stress and making some difficult decisions. On top of this, they are transitioning from one household into two. Often, one of the main sources of contention and concern during this time is the financial standing of...
